| Rank | Counsel | Volume ($MM) |
Deal Count (Total) |
Deal Count (Issuer Counsel) |
Deal Count (UW Counsel) |
Avg Size ($MM) |
% Share |
|---|---|---|---|---|---|---|---|
| 1 | Kirkland & Ellis | 24,025.6 | 68 | 46 | 22 | 353.3 | 11.87% |
| 2 | Skadden, Arps, Slate, Meagher & Flom | 22,387.9 | 62 | 17 | 45 | 361.1 | 11.06% |
| 3 | Ellenoff Grossman & Schole | 20,711.4 | 80 | 53 | 27 | 258.9 | 10.23% |
| 4 | White & Case | 20,288.6 | 56 | 26 | 30 | 362.3 | 10.02% |
| 5 | Ropes & Gray | 19,845.5 | 47 | 9 | 38 | 422.2 | 9.80% |
| 6 | Davis, Polk & Wardwell | 19,224.7 | 49 | 13 | 36 | 392.3 | 9.50% |
| 7 | Weil, Gotshal & Manges | 10,955.5 | 22 | 17 | 5 | 498.0 | 5.41% |
| 8 | Latham & Watkins | 8,507.1 | 22 | 11 | 11 | 386.7 | 4.20% |
| 9 | Graubard Miller | 7,677.3 | 32 | 10 | 22 | 239.9 | 3.79% |
| 10 | Greenberg Traurig | 5,504.3 | 21 | 12 | 9 | 262.1 | 2.72% |
| 11 | Paul Hastings | 4,889.5 | 18 | 3 | 15 | 271.6 | 2.42% |
| 12 | Shearman & Sterling | 4,167.6 | 16 | 3 | 13 | 260.5 | 2.06% |
| 13 | Paul, Weiss, Rifkind, Wharton & Garrison | 3,778.2 | 11 | 8 | 3 | 343.5 | 1.87% |
| 14 | Vinson & Elkins | 3,760.2 | 12 | 8 | 4 | 313.3 | 1.86% |
| 15 | Goodwin Procter | 2,841.0 | 10 | 9 | 1 | 284.1 | 1.40% |
| 16 | Sullivan & Cromwell | 2,733.0 | 8 | 5 | 3 | 341.6 | 1.35% |
| 17 | Loeb & Loeb | 2,404.3 | 19 | 9 | 10 | 126.5 | 1.19% |
| 18 | Ledgewood PC | 1,871.5 | 5 | 5 | 0 | 374.3 | 0.92% |
| 19 | Cadwalader, Wickersham & Taft | 1,714.4 | 3 | 3 | 0 | 571.5 | 0.85% |
| 20 | Reed Smith | 1,432.8 | 7 | 2 | 5 | 204.7 | 0.71% |
| 21 | Winston & Strawn | 1,236.0 | 5 | 4 | 1 | 247.2 | 0.61% |
| 22 | Gibson, Dunn & Crutcher | 1,175.0 | 4 | 4 | 0 | 293.8 | 0.58% |
| 23 | Sidley Austin | 1,045.0 | 5 | 3 | 2 | 209.0 | 0.52% |
| 24 | DLA Piper | 1,004.3 | 4 | 2 | 2 | 251.1 | 0.50% |
| 25 | Nelson Mullins Riley & Scarborough | 932.5 | 4 | 2 | 2 | 233.1 | 0.46% |
| 26 | Milbank | 855.0 | 2 | 2 | 0 | 427.5 | 0.42% |
| 27 | Morrison & Foerster | 735.5 | 2 | 2 | 0 | 367.8 | 0.36% |
| 28 | Cooley | 597.0 | 2 | 2 | 0 | 298.5 | 0.29% |
| 29 | Cravath, Swaine & Moore | 575.0 | 1 | 1 | 0 | 575.0 | 0.28% |
| 30 | Proskauer Rose | 481.4 | 2 | 1 | 1 | 240.7 | 0.24% |
| 31 | Blank Rome | 448.5 | 3 | 1 | 2 | 149.5 | 0.22% |
| 32 | Wilson Sonsini Goodrich & Rosati | 345.0 | 1 | 1 | 0 | 345.0 | 0.17% |
| 33 | Pillsbury Winthrop Shaw Pittman | 345.0 | 1 | 1 | 0 | 345.0 | 0.17% |
| 34 | Sheppard, Mullin, Richter & Hampton | 316.3 | 2 | 2 | 0 | 158.1 | 0.16% |
| 35 | Orrick, Herrington & Sutcliffe | 300.0 | 1 | 1 | 0 | 300.0 | 0.15% |
| 36 | Simpson Thacher & Bartlett | 287.5 | 1 | 1 | 0 | 287.5 | 0.14% |
| 37 | BraunHagey & Borden | 287.5 | 1 | 1 | 0 | 287.5 | 0.14% |
| 38 | Troutman Pepper Hamilton Sanders | 276.0 | 1 | 1 | 0 | 276.0 | 0.14% |
| 39 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian | 276.0 | 1 | 1 | 0 | 276.0 | 0.14% |
| 40 | Schiff Hardin | 264.5 | 2 | 1 | 1 | 132.3 | 0.13% |
| 41 | Baker & McKenzie | 243.0 | 1 | 1 | 0 | 243.0 | 0.12% |
| 42 | Hughes Hubbard & Reed | 230.0 | 1 | 1 | 0 | 230.0 | 0.11% |
| 43 | King & Spalding | 230.0 | 1 | 1 | 0 | 230.0 | 0.11% |
| 44 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo | 207.0 | 1 | 0 | 1 | 207.0 | 0.10% |
| 45 | O’Melveny & Myers | 172.5 | 1 | 1 | 0 | 172.5 | 0.09% |
| 46 | Husch Blackwell | 150.0 | 1 | 1 | 0 | 150.0 | 0.07% |
| 47 | K&L Gates | 138.0 | 1 | 1 | 0 | 138.0 | 0.07% |
| 48 | Dentons | 115.0 | 1 | 1 | 0 | 115.0 | 0.06% |
| 49 | McDermott Will & Emery | 115.0 | 1 | 1 | 0 | 115.0 | 0.06% |
| 50 | Lucosky Brookman | 105.1 | 1 | 0 | 1 | 105.1 | 0.05% |
| 51 | Foley & Lardner | 103.5 | 1 | 1 | 0 | 103.5 | 0.05% |
| 52 | Becker & Poliakoff | 46.0 | 1 | 1 | 0 | 46.0 | 0.02% |
| 53 | Kramer Levin Naftalis & Frankel | 46.0 | 1 | 0 | 1 | 46.0 | 0.02% |
Credit for Volume ($MM) is awarded to both Issuer and Underwriter Counsel